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Is it possible to do sub ledger accounting for Offset Tax

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edited Mar 11, 2024 8:59AM in Subledger Accounting & Accounting Hub 5 comments

Summary:

Hi Team,

We are implementing Oracle Cloud Financials for Hospital Industry where they have RCM taxes applicable but all the Recoverable Tax should go into Expense (Debit Side) and Liability should go into their respective tax accounts. I have customized SLA for this but for RCM we have used offset tax concept for creating RCM entries.

Now , We wanted to customize offset accounting entries on the liability side to pick up actual tax account from tax rates.I was unable to find event class for it.

Content (please ensure you mask any confidential information):

Hi Team,

We are implementing Oracle Cloud Financials for Hospital Industry where they have RCM taxes applicable but all the Recoverable Tax should go into Expense (Debit Side) and Liability should go into their respective tax accounts. I have customized SLA for this but for RCM we have used offset tax concept for creating RCM entries.

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